This site (120bTC.coM): After experiencing a big market spike in the early morning of March 7, Bitcoin and Ethereum almost recovered their gains yesterday (8th). At the time of writing, Bitcoin was trading at US$68,372, with an increase of 2.1% in the past 24 hours; Ethereum was trading at US$3,975, with an increase of 4.75% in the past 24 hours.
Ethereum ranks as the 20th largest asset in the world, and Bitcoin ranks ninth
As Ethereum reached the $3,900 mark, according to 8MarketCap data, yesterday Ethereum closed at 4,763.9 The market value of US$100 million jumped to the 20th largest asset in the world, surpassing the US$473.51 billion of the SPDR S&P 500 ETF Trust, and only less than US$7 billion lower than Walmart, which ranked 19th.
Global Asset Ranking
As Bitcoin climbs back up to $68,000, BTC’s total market cap reaches $1.335 trillion, putting it past Zacks Berg's Meta Platforms currently ranks 9th in the global asset rankings, second only to silver with a market capitalization of US$50 billion.
Global Asset Ranking
CEX’s daily trading volume approaches US$100 billion for the first time since 2021
According to "The Block" yesterday ( A report on the 8th pointed out that after the Bitcoin spot ETF was approved for listing by the U.S. SEC on January 11, as of March 6, the daily trading volume of cryptocurrencies on the centralized exchange (CEX) reached 97.4 billion U.S. dollars. It rose to near $100 billion for the first time in 2021.
It is worth noting that at the beginning of February, this figure was only 24 billion US dollars, which also means that the crypto bear market seems to be getting further away from us. The bull market is slowly coming to us.
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